Shares of Siebert Financial Corp. (NASDAQ:SIEB - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.24 and traded as high as $4.69. Siebert Financial shares last traded at $4.63, with a volume of 169,217 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen began coverage on Siebert Financial in a research report on Wednesday. They set a "hold" rating on the stock.
Check Out Our Latest Stock Analysis on Siebert Financial
Siebert Financial Stock Up 6.3%
The company has a market cap of $183.46 million, a PE ratio of 17.46 and a beta of 0.50. The business has a 50-day simple moving average of $3.36 and a 200-day simple moving average of $3.02. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.05.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $28.92 million for the quarter. Siebert Financial had a return on equity of 13.92% and a net margin of 12.83%.
Institutional Trading of Siebert Financial
A number of institutional investors have recently made changes to their positions in SIEB. Jane Street Group LLC acquired a new stake in shares of Siebert Financial in the fourth quarter worth approximately $37,000. Renaissance Technologies LLC lifted its position in Siebert Financial by 275.0% during the fourth quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider's stock worth $123,000 after buying an additional 28,600 shares in the last quarter. Northern Trust Corp lifted its position in Siebert Financial by 15.1% during the fourth quarter. Northern Trust Corp now owns 40,583 shares of the financial services provider's stock worth $128,000 after buying an additional 5,323 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Siebert Financial by 4.9% during the fourth quarter. Geode Capital Management LLC now owns 216,841 shares of the financial services provider's stock worth $685,000 after buying an additional 10,053 shares in the last quarter. 1.52% of the stock is owned by institutional investors and hedge funds.
About Siebert Financial
(
Get Free Report)
Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.
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